RIGA
Cheap Nike Air Max 270 Dusty Cactus Shoes , Aug. 10 (Xinhua) -- Latvia is mulling over arecommendation to merge its two leading telecommunicationscompanies, Lattelecom landline operator and Latvijas MobilaisTelefons (LMT) mobile operator, and to list the newly-createdcompany on a stock exchange.
KPMG Baltics (KPMG) audit firm presented its recommendationsregarding the two companies at a news conference in Riga onThursday.
The authors of the KPMG report note that as a result oftechnological development, operators' revenue from conventionaltelecommunications services like voice telephony has been droppinglately and that in Latvia this process has been even faster thanelsewhere in Europe.
"Average revenue per user in the mobile services industry hasdeclined both across Europe and in Latvia. The process has beencaused by product bundling and other factors, such as cuttingroaming fees," said KPMG consultation services director EvijaMiezite.
Furthermore, Latvia is currently the only European country thatstill has not seen a consolidation of telecommunicationsoperators.